(KMT) Kennametal - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4891701009

Cutting Tools, Carbide Components, Mining Tools, Wear Parts, Powders

Industrial Machinery & Supplies & Components
Market Cap in USD: 2,343m

IPO / Inception: 1987-11-05
12m vs SPY: 20.1%

EPS (Earnings per Share)

EPS CAGR: -0.77%
EPS Trend: -26.0%

Last SUE: 1.20
Qual. Beats: 1

Revenue

Rev. CAGR: 0.61%
Rev. Trend: -17.2%

Last SUE: 3.00
Qual. Beats: 1

Dividends

Dividend Yield	3.54%
Yield on Cost 5y	2.34%
Yield CAGR 5y	0.00%
Payout Consistency	93.4%
Payout Ratio	57.1%

Risk via 5d forecast
Volatility	36.4%
Value at Risk 5%th	52.7%
Relative Tail Risk	-11.87%

Reward TTM
Sharpe Ratio	1.02
Alpha	25.09
CAGR/Max DD	0.29

Character TTM
Hurst Exponent	0.428
Beta	0.970
Beta Downside	1.017

Drawdowns 3y
Max DD	42.94%
Mean DD	17.41%
Median DD	16.86%

Description: KMT Kennametal January 15, 2026

Kennametal Inc. (NYSE:KMT) designs, manufactures, and sells tungsten-carbide, ceramic, and other hard-material solutions worldwide through two primary segments: Metal Cutting and Infrastructure.

The Metal Cutting segment provides milling, hole-making, turning, threading, and tool-making systems for aerospace (airframes, aero-engines), automotive, truck, shipbuilding, and general industrial equipment. Products are marketed under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands via a direct sales force, independent and national distributors, integrated supplier channels, and digital platforms.

The Infrastructure segment produces engineered tungsten-carbide and ceramic components, earth-cutting tools, and metallurgical powders. Key applications include oil-&-gas and petrochemical drilling (frac seats, nozzles), underground mining and trenching equipment, high-temperature wear parts for aerospace/defense, and ceramic substrates for packaging metallization.

As of FY 2024, Kennametal reported $3.6 billion in revenue with an adjusted EBITDA margin of roughly 13%, reflecting strong demand in aerospace and mining while offset by volatility in oil-&-gas capital spending. The company’s exposure to the aerospace supply chain makes it sensitive to aircraft production cycles, whereas its mining tools benefit from the ongoing global push for copper and lithium extraction. Recent initiatives include expanding digital tooling services, which have contributed to a 4% YoY increase in recurring service revenue.

For a deeper, data-driven valuation framework, see the ValueRay analysis of KMT.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (94.3m TTM) > 0 and > 6% of Revenue (6% = 119.0m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA -4.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 32.07% (prev 29.73%; Δ 2.33pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 180.1m > Net Income 94.3m (YES >=105%, WARN >=100%)

Net Debt (538.1m) to EBITDA (296.9m) ratio: 1.81 <= 3.0 (WARN <= 3.5)

Current Ratio 2.60 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (76.8m) change vs 12m ago -2.32% (target <= -2.0% for YES)

Gross Margin 30.42% (prev 30.21%; Δ 0.21pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 78.67% (prev 80.75%; Δ -2.07pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 6.47 (EBITDA TTM 296.9m / Interest Expense TTM 24.5m) >= 6 (WARN >= 3)

Altman Z'' 4.45

(A) 0.25 = (Total Current Assets 1.03b - Total Current Liabilities 397.0m) / Total Assets 2.52b

(B) 0.48 = Retained Earnings (Balance) 1.21b / Total Assets 2.52b

(D) 0.77 = Book Value of Equity 918.5m / Total Liabilities 1.19b

Total Rating: 4.45 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.42

1. Piotroski 5.50pt

2. FCF Yield 3.22%

3. FCF Margin 4.68%

4. Debt/Equity 0.50

5. Debt/Ebitda 1.81

6. ROIC - WACC (= -1.31)%

7. RoE 7.51%

8. Rev. Trend -17.17%

9. EPS Trend -26.02%

What is the price of KMT shares?

As of January 15, 2026, the stock is trading at USD 33.49 with a total of 1,698,278 shares traded.
Over the past week, the price has changed by +14.81%, over one month by +14.97%, over three months by +53.40% and over the past year by +44.14%.

Is KMT a buy, sell or hold?

Kennametal has received a consensus analysts rating of 2.44. Therefor, it is recommend to sell KMT.

Strong Buy: 0
Buy: 0
Hold: 5
Sell: 3
Strong Sell: 1

What are the forecasts/targets for the KMT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	25.6	-23.5%
Analysts Target Price	25.6	-23.5%
ValueRay Target Price	37.7	12.5%

KMT Fundamental Data Overview January 10, 2026

P/E Trailing = 25.6083
P/E Forward = 21.8818
P/S = 1.1814
P/B = 1.7774
P/EG = 0.56
Revenue TTM = 1.98b USD
EBIT TTM = 158.9m USD
EBITDA TTM = 296.9m USD
Long Term Debt = 597.0m USD (from longTermDebt, last quarter)
Short Term Debt = 13.6m USD (from shortTermDebt, last quarter)
Debt = 641.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 538.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.88b USD (2.34b + Debt 641.6m - CCE 103.5m)
Interest Coverage Ratio = 6.47 (Ebit TTM 158.9m / Interest Expense TTM 24.5m)
EV/FCF = 31.02x (Enterprise Value 2.88b / FCF TTM 92.9m)
FCF Yield = 3.22% (FCF TTM 92.9m / Enterprise Value 2.88b)
FCF Margin = 4.68% (FCF TTM 92.9m / Revenue TTM 1.98b)
Net Margin = 4.76% (Net Income TTM 94.3m / Revenue TTM 1.98b)
Gross Margin = 30.42% ((Revenue TTM 1.98b - Cost of Revenue TTM 1.38b) / Revenue TTM)
Gross Margin QoQ = 31.36% (prev 28.21%)
Tobins Q-Ratio = 1.14 (Enterprise Value 2.88b / Total Assets 2.52b)
Interest Expense / Debt = 0.92% (Interest Expense 5.93m / Debt 641.6m)
Taxrate = 26.90% (9.06m / 33.7m)
NOPAT = 116.1m (EBIT 158.9m * (1 - 26.90%))
Current Ratio = 2.60 (Total Current Assets 1.03b / Total Current Liabilities 397.0m)
Debt / Equity = 0.50 (Debt 641.6m / totalStockholderEquity, last quarter 1.28b)
Debt / EBITDA = 1.81 (Net Debt 538.1m / EBITDA 296.9m)
Debt / FCF = 5.79 (Net Debt 538.1m / FCF TTM 92.9m)
Total Stockholder Equity = 1.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.74% (Net Income 94.3m / Total Assets 2.52b)
RoE = 7.51% (Net Income TTM 94.3m / Total Stockholder Equity 1.26b)
RoCE = 8.57% (EBIT 158.9m / Capital Employed (Equity 1.26b + L.T.Debt 597.0m))
RoIC = 6.28% (NOPAT 116.1m / Invested Capital 1.85b)
WACC = 7.60% (E(2.34b)/V(2.98b) * Re(9.49%) + D(641.6m)/V(2.98b) * Rd(0.92%) * (1-Tc(0.27)))
Discount Rate = 9.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.07%
[DCF Debug] Terminal Value 79.98% ; FCFF base≈134.4m ; Y1≈138.0m ; Y5≈154.1m
Fair Price DCF = 31.44 (EV 2.93b - Net Debt 538.1m = Equity 2.39b / Shares 76.0m; r=7.60% [WACC]; 5y FCF grow 2.65% → 2.90% )
EPS Correlation: -26.02 | EPS CAGR: -0.77% | SUE: 1.20 | # QB: 1
Revenue Correlation: -17.17 | Revenue CAGR: 0.61% | SUE: 3.00 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.47 | Chg30d=+0.008 | Revisions Net=+7 | Analysts=8
EPS current Year (2026-06-30): EPS=1.51 | Chg30d=+0.048 | Revisions Net=+7 | Growth EPS=+12.7% | Growth Revenue=+6.7%
EPS next Year (2027-06-30): EPS=1.70 | Chg30d=+0.021 | Revisions Net=+8 | Growth EPS=+12.8% | Growth Revenue=+4.0%

Additional Sources for KMT Stock

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